Two subprime shocks betray India’s micro-lenders

Two subprime shocks betray India’s micro-lenders

0

Demonetisation was the first shock to the subprime economy and just when new notes began to fill the gap left by old ones, Uttar Pradesh, came up with a second blow: $5.6 billion of loan forgiveness

Source : Two subprime shocks betray India’s micro-lenders
Courtesy : Mint – Opinions

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.